TAG : auto bailout

Do You Want to Pay Billions to Keep Car Companies Alive?

According to a new poll from the Pew Research Center, 63 percent of Americans disapprove of the government giving billions of dollars in loans to Chrysler and General Motors in order to keep the struggling automakers afloat. Currently, officials from the Obama administration are reviewing the ...

Automaker Bailout Sparks Interest from Environmental Groups

This week, Congress debated an auto industry bailout bill of $25 billion. The executives of the Big Three Automakers – Ford, Chrysler and General Motors – testified at congressional hearings (after spending tens-of-thousands of dollars to fly in on their luxury private jets, one of which ...